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Search Results 0 to 19 of about 20 (some duplicates have been removed)
trading mission was formally approved by eu foreign ministers in brussels -- european union training mission was formally approved. >> citizens are worried involvement could be a long, drawn-out affair like in afghanistan. the point has to be approved by the bundestag later this week. >> french and malian forces engaged in a gunbattle. under a new proposal, german troops would not join them on the front line, but they would provide more logistical support, like using airbus jets to refuel french warplanes mid-air. an additional 150 troops will be needed for this task. several military planes are already being used to transport soldiers. >> we europeans have a strong interest in making sure that a safe haven for global terrorism is not allowed to develop on our doorstep. >> the german cabinet also wants to help train and assess the performance of the malian army. german soldiers will work together with units from other eu countries. >> the army needs to be trained from scratch so they can take over security themselves. we hope this is feasible, but it is a difficult and long-term chal
to provide a voice of the world. last week's european council agreed the overall limit on eu spending for the next seven years, starting in 2014. been agreed in the past, spending has gone up, but last week we agreed that spending should come down. by working with like-minded allies, we delivered a real- terms cut in what brussels can spend for the first time in history. as the house knows, the eu budget is negotiated annually, so what we were negotiating -- initially at the council last november and again last week -- was not the individual annual budgets, but rather the overall framework for the next seven years. this includes the overall ceilings on what can be spent -- effectively, the limit on the european union's credit card for the next seven years. during the last negotiation, which covered the period 2007 to 2013, the last government agreed to an 8% increase in the payments ceiling, to 943 billion. put simply, this gave the eu a credit card with a higher limit, and today we are still living with the results of allowing the eu's big spenders to push for more and more spending
a goal for the european union. after years of very little progress, the e appears to -- the eu appears to have an ally in what has. >> president obama announced the start of trade negotiations on a trade deal. brussels said talks could begin before summer. if successful, those negotiations would result in the biggest financial trade deal ever. >> the eu and u.s. already trade some 2 billion euros worth of goods and services every day. about 1/3 of total global commerce. president obama wants to bring that commerce into what would be the world's biggest free trade zone. the european commission says that would have world wide applications. >> which translates into tens of billions of euros every year and tens of thousands of new jobs. this offers us a great perspective at a time when we are gradually making our way to recovery. most important of all, it is a boost to our economies that does not cost 1 cent of taxpayer money. >> both sides stand to benefit. economists to warn that negotiations will be tough. the eu and washington disagree on issues ranging from industrial trade barriers a
, here our president is addressing concerns in their lives. i agree the big topics like the eu trade pac that is very important. but i don't think people in the country are listening for that. they are listening for all the little programs that the rest of you ridicule, and he is telegraphing he gets what their problems are and he is on their side. that is very important politically. >> i will help redeem the president all right? he is on the wake of three weeks away from his earlier address at the inauguration okay? people saw that. and i think they feel he is going to be repeating that. and that is probably a big reason why they didn't tune in. therefore, he gets a pass. what do you think? >> also i think that's right. i think eleanor's right if you are watching it on white house.gov my wife watched it on her ipad. that doesn't show up in the neilsen ratings. a lot of people were watching it online or watching it the next day. tv consumption is changing. >> the oratory about they deserve a vote and going through all the gun victims, those are real people and they were sitting there. >>
at the new eu agreement to cap bonuses. it is aimed at a re-piece of the financial crisis. >> those in favor say it will address public anger about the role played by the banks and the economic meltdown. those against it, notably britain's -- britons, say that it will drive talent out of europe. >> the talks took more than 10 months. negotiators managed to clinch the deal despite opposition from the uk. at present, bankers can receive bonuses of as much as 20 times their basic salary. under the new rules, which can come into effect next year, they could be -- capped at one year's salary. >> most important thing is that banks will be stabilized, that a are better able to withstand the crisis -- that they are better able to withstand the crisis. >> it shows we are implementing what we learned from the financial crisis. >> critics say bonuses can encourage bankers to take unjustifiable risks in order to make more money. some say such behavior caused the financial and banking crisis. from now on, banks will also have to hold more capital as a buffer against any future crisis, a move intended to
. i know what that poll is saying, but i think there's a lot of confusion between the euro and the eu sometimes. i know that people think of the eurozone and the eu as sort of the same thing. >> the whole message from the conservative government has been a little confused. it's interesting and we'll play this a little later, but -- >> but they want to stay in the eu if they can negotiate new terms. you punish about there's a split in there because there will be one wing of the party that is essentially we want to stay and he are negotiate. the question comes is if they can't get everything they want, do they then say we tried, but we still better stay? a whole other wing of the party says, if we try and we don't get what we want, then we had better leave. >> and it's interesting. we asked earlier tr week about whether it would be bad for business if britain left the eu. actually, he seemed to say yes. in every the less, i think he serves in some capacity with the government, as well. he hesitated a little bit and says, well, yes, we'll play that tape. >> and how many other people actu
. we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good contra indicators. >> sorry, media friends. but this is not exactly the best of -- >> we always have timing. on today's show, we're in zurich where we hear from the ceo of ubs about the group's outlook. the swiss bank won to a loss in the fourth quarter. >> and is we'll head out to california for a look at the next offer. it's due to be released later today. we'll be live in madrid as the spanish prime minister's party pledges to fight corruption allegations that have prompted calls for his resition naz. >> and for its to earn its annual forecast on a weaker yen, we have in-depth analysis at 10:40 cet. be
and the eu. >> several years we have seen the impact of the eu on our economy. on the right of unemployment and social problems. i demanded renegotiation of a certain number of trees in order to control immigration, but also, they prevent france from projecting a certain number. as a result, i understand mr. cameron in his desire for renegotiation, even if the consequences would not be the same for his government and the government that i would eventually lead. >> last month, david cameron of for the u.k. the prospect of an in-out referendum. >> i want to do the same thing as great britain. if i came to power tomorrow, i would decide to organize a referendum within 12 months. i would give myself 12 months to negotiate the most important points with the european union, and at the end of that, i would ask the french people to have their say on the points that we manage to renegotiate any points that the european union refused to negotiate. >> the issue of immigration played a prominent role in last year's election during a campaign which question the nature of french national identity. the ca
for italy's election. we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had an impact on market performance for the past few weeks. i guess that markets became much more cautious in investing in the debt market in italy and maybe as well as the debt market in spain, the cause of the potential inflation risk here. now, if we are getting an election result which markets may like, then the very clear majority left and under those circumstances, you
. >>> nicholas anastasia swept to an election victory on sunday. he pledged to work with the country's eu partner toes secure a swift rescue package, insisting that the new government would prepare such an image around the world. >>> and a slowdown in chinese exports has been pulling back on the economy. it posted a fourth consecutive month of expansion. china's hsbc flash pmi index for february slipped to 50.4, the lowest reading in four months and down from a two-year high in january of 52.3. no one is hitting the panic button just yet. >> while the flash pmi slipped from a two-year high in yarn, it tells us china's economic recovery is intact. 6.4 is considered that the week long lunar new year holiday fell in february of this year. look back at lunar new year last year and you can see some of the distortion effect it fell in january 2012. what may be worry background this month's flash pmi is the new export orders subindex. it inched down to contraction territory, add to go existing worries about this sector. taken as a whole, the flash pmi number is the earliest indicator of china's health a
-claude junker says he expects the eu to real a deep on the budget today. juncker said the last of an agreement would be disastrous for the region. julia is in brussels. julia, are we going to get a budget? mr. cameron has said, look, i don't want it frozen, i want it cut. so what's going to happen? >> well, we're moving in the direction of cuts. i think the positive news is that if you compare what we were talking about in november, we've cut around 80 billion euros from the 1 trillion euro target that they were looking at back in november. so we are moving in the right direction, but with regard to the decision today, i think if you've been listening to angela merkel to david cameron himself and francois hollande this week, the indication is that perhaps we shouldn't be as optimistic as jean-claude juncker would have us believe, but someone has to fly the flag for europe and we like our posturing in europe. overall, what rewe looking at? germany, the uk, the nordic european countries are fighting for cuts, real term cuts in this whereas italy and france would rather have it held steady. even
. we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows. who knows. i think we got it right, but who knows why he wasn't. one reason is because what they've done with the oscars now is increased the best film from five up to ten. now you have i think it's nine nominations this year. of course you're going to get a mismatch because there aren't the same number of films that there were directed. >> mark, good to see you. thanks so much, indeed. >> thanks for coming by. >> always a very good turn out, as well. >> i still think silver linings with a different name would have done so well. >>> anyway, the clearing up is occurring after nemo. what impact will this have on r
that perhaps is even more fundamentally dangerous for britain and much of the rest of europe than taming the e.u.'s superstate tendencies. this is the problem of attitudes and how the institutional expression in the economy. because as i illustrate in "becoming europe" the prevailing conviction across most of europe is that the state is the primary way in which we address common problems and meet our responsibilities and obligations to our fellow citizens. that such obligations might be realized outside the realm of politics doesn't apparently occurred to large numbers of european political leaders including i have to say a considerable number of the center-right european politicians. so in this regard i have often wondered what -- would think if he read a particularly important book that was written 180 years ago by one of his compatriots. because although it's about the new world, democracy in america was sent written for an american audience. alexis de tocqueville's intended audience was europe. so i think you would be astonished to learn how the americans observed by de tocqueville dealt with p
the uncertainty created by the u.k. e.u. referendum and scottish referendum on independence. there's a lot of negatives surrounding sterling now. i think it has further to fall. >> we'll leave it. there we want to get your thoughts on employment, as well. we'll be right back. >>> welcome back to "worldwide exchange." let's go straight to a look at what's happening with sterling. we have seen it drop below the 154 level. bank offen land minutes just -- of england minutes just showing fisher and miles would have liked to see a 25 billion pound increase in the size of the quantitative easing program. also comes as we learn that the u.k. unemployment rate held at 7.8%. slightly better than expected drop in jobless claims. average earnings growth remains weak. here's what's happening across the gilt curve. yields coming in at 2.4%. and james, at least the gilt yield is coming in. i suppose the markets would be most worried if the opposite happened, if it were to push out here. it's interesting to hear the bank of england say they think pound appreciation is expansionary. perhaps they look at th
dangerous for britain and much of the rest of the euro in the eu superstate tendencies. and this is a problem of values, attitudes, and how these are given in institutional expression in the economy. as i illustrate in becoming europe, the prevailing conviction across most of your is that the state is the primary way in which we address : problems and meet our responsibilities and obligations to our fellow citizens. such obligations might be realized outside the realm of politics and that does not apparently occurred to large numbers of european political leaders, including, i have to say, a considerable numbers of center-right european politicians so in this regard have often wondered what a confirmed man would think if you read a particularly important book that was written 180 years ago by one of his compatriots. because although it is about the new world, democracy in america was not written for an american audience. the intended audience was your. i suspect he would be astonished to learn how the americans built with problems that were beyond an individual's capaci
Search Results 0 to 19 of about 20 (some duplicates have been removed)